The cost of Obamanomics
The Weekly Standard
by Irwin M. Stelzer
05/15/09
In the days when it was still necessary to explain to one’s parents just what an economist does, my first job was to crank out a forecast of economic activity in the coming quarter. Get it wrong often enough, and you were gone. More senior employees assigned themselves the longer-term outlooks: their forecasts would be long forgotten by the time actual data became available. That was then and this is now. So I will exercise the prerogative of seniority and shorten my comments on the current economic outlook to make room for a longer-range look at the post-Obama world in which we Americans will be living...
http://tinyurl.com/pw2a3x
The age of debt
Reason
by Veronique de Rugy
Beware when politicians promise ‘fiscal responsibility.’ It’s pretty much a guarantee that every word that follows the phrase will be a lie. President Barack Obama’s first budget, entitled An Era of New Responsibility: Renewing America’s Promises, is no exception to this rule. Every page comes with a promise to end budget tricks and save money by reforming procurement and cutting various types of waste, but the actual plan boosts spending and deploys gimmicks galore. If this is a new era, it’s one made of debt... (for publication 06/09)
http://www.reason.com/news/show/133217.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Obamanomics
http://freepage.twoday.net/search?q=fiscal+responsibility
http://freepage.twoday.net/search?q=Irwin+M.+Stelzer
http://freepage.twoday.net/search?q=Veronique+de+Rugy
by Irwin M. Stelzer
05/15/09
In the days when it was still necessary to explain to one’s parents just what an economist does, my first job was to crank out a forecast of economic activity in the coming quarter. Get it wrong often enough, and you were gone. More senior employees assigned themselves the longer-term outlooks: their forecasts would be long forgotten by the time actual data became available. That was then and this is now. So I will exercise the prerogative of seniority and shorten my comments on the current economic outlook to make room for a longer-range look at the post-Obama world in which we Americans will be living...
http://tinyurl.com/pw2a3x
The age of debt
Reason
by Veronique de Rugy
Beware when politicians promise ‘fiscal responsibility.’ It’s pretty much a guarantee that every word that follows the phrase will be a lie. President Barack Obama’s first budget, entitled An Era of New Responsibility: Renewing America’s Promises, is no exception to this rule. Every page comes with a promise to end budget tricks and save money by reforming procurement and cutting various types of waste, but the actual plan boosts spending and deploys gimmicks galore. If this is a new era, it’s one made of debt... (for publication 06/09)
http://www.reason.com/news/show/133217.html
Informant: Thomas L. Knapp
http://freepage.twoday.net/search?q=Obama
http://freepage.twoday.net/search?q=Obamanomics
http://freepage.twoday.net/search?q=fiscal+responsibility
http://freepage.twoday.net/search?q=Irwin+M.+Stelzer
http://freepage.twoday.net/search?q=Veronique+de+Rugy
rudkla - 18. Mai, 10:53